New millennium, new-look PB.
Welcome to the new-look Professional Broking. For the last few months, we have been busy working on ...
Welcome to the new-look Professional Broking. For the last fewmonths, we have been busy working on the new design, which is aimed at
providing you with more news, features and comment, in a modern and
user-friendly format.
Reflecting the growing importance of the Internet, we have introduced a
new technology section, which will help you keep abreast of all the latest
developments in insurance-related e-commerce. This is all about what you,
as brokers and intermediaries, are doing on the Net, so
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The Government has revealed it plans to consult on a proposed ban on leasehold insurance commission next year.
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The Financial Services Compensation Scheme has indicated its levy for 2025/26 will rise to £394m from £265m this financial year as it cited having lower surpluses to carry forward and offset bills – a factor that has benefited brokers for two years in a row.
FCA promises reframed and revised ‘name and shame’ plans but no decision until early next year
In a House of Lords Financial Services Regulation Committee evidence session earlier today, Financial Conduct Authority CEO Nikhil Rathi said no decision will be made on its investigation transparency proposals consultation until early next year.
FCA closes in on authorisation targets as performance rises again
The Financial Conduct Authority has improved its delivery on the two broker-related authorisation metrics that remain in the ‘amber’ zone as it hones in on delivering a ‘green’ performance in all five relevant categories.
FCA bans broker and issues £1.1m fine for misusing insurer funds
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FCA non-financial misconduct survey leads to call for action and benchmarking
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